Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
Answer:
The statement would be:
Date: October 31, 2019
Net Income $680,700
Cash dividends $50,000
Stock dividends $127,000
Retained earnings $503,700
The retained earnings are equal to the sum of declared dividends substracted from the net income.
6.4%
200 from the 5% of 4000
140 from 4% on 3500
160 on 6.4% on 2500
Answer:
Profit per box of crawfish $0.25
Explanation:
To calculate the Total profit, we can solve the expression;
Total profit=Total selling price-Total purchase price
where;
Total purchase price=(Variable cost per box×number of boxes purchased)+Total fixed costs
Total purchase price=(1×1600)+1,200=$2,800
Total selling price=Selling price per box×number of boxes
Total selling price=(2×1600)=$3,200
replacing in the expression;
Total profit=Total selling price-Total purchase price
Total profit=($3,200-$2,800)=$400
Total profit=$400
To calculate the profit per box;
Total profit=profit per box(p)×number of boxes sold
400=p××1600
p=400/1600=0.25
Profit per box=p=$0.25 per box
Answer:
a. October 4th
b. November 15th 2019
c. November 14th 2019.
d. December 13th, 2019 (Note: This is assumed based on the explanation below as it is not specifically stated in the question).
Explanation:
a. What date is the declaration date?
The declaration date is the date the announcement to pay the next dividend is made by the board of directors of a company. In this case, the declaration date is October 4th, 2019.
b. What date is the holder of record date?
The holder of record date refers to the cut-off date set by a company to ascertain the eligible shareholders that will receive the next dividend payment. In this case, the holder of record date is November 15th 2019.
c. What date is the ex-dividend date?
The ex-dividend date refers to date that a seller of stock is still eligible to receive dividend despite that the stock has already been sold to a by him. This is because it is the person that hold the security on the ex dividend date that will receive the dividend payment not the holder on the payment date. Generally, ex-dividend date is usually one business day before the record date. In this case,he ex-dividend date is November 14th 2019.
d. What date is the payment date?
The payment date refers to the actual day that eligible shareholders are paid the declared dividend by the company. It is usually a few weeks or month after the ex-dividend date. If we assumed to be a month, the payment date would be December 13th, 2019.
